The Figure Given Below Shows the Import Demand and Export

question 9

Multiple Choice

The figure given below shows the import demand and export supply curves of corn of the U.S.and Mexico. Figure 34.2 Refer to Figure 34.2.The no-trade equilibrium price of a bushel of corn in Mexico is:

• A)$2.
• B)$4.
• C)$6.
• D)$8.
• E)$10.

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